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Steel GRIPS

Posts by Steel GRIPS

More stainless steel output cuts required to support prices

August 2, 2010

Most regions have recorded a moderate, though gradual, economic recovery since the darkest days of the so-called Global Financial Crisis. However, there has been no significant upturn in the demand for stainless steel, especially in the West. Producers…

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V&M Star orders pipe heat treating furnaces

August 2, 2010

Design and supply of two pipe heat treating furnaces has been ordered by V&M Star’s Youngstown, Ohio, USA.

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Korean special steel producer to modernize long-product rolling mill

July 30, 2010

Posco Specialty Steel Co. Ltd., a Korean special steel producer, is to modernize the long-product rolling mill in its Changwon Works.

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Steel prices tumble around the world in July

July 30, 2010

The Global Steel Price has fallen in July for the second consecutive month. Market demand is likely to be flat in the third quarter. The threat of higher iron ore costs, in the July to September period, prompted steel buyers to …

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New S-6-high process boosts productivity

July 30, 2010

Innovation provides an edge: New S-6-high process boosts productivity at ThyssenKrupp Acciai Speciali Terni, Italy.

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Double strand wire rod mill for Xuanhua, China

July 28, 2010

Xuanhua Iron & Steel (Group) Co., China, has ordered a double strand wire rod mill. The new plant will enable the steelmaker to enter markets …

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